Full-Time
Posted on 9/9/2025
Designs and deploys advanced fission reactors
$100k - $155k/yr
Santa Clara, CA, USA
Hybrid
Remote employees must travel to Santa Clara, CA HQ twice per quarter.
Oklo designs and deploys advanced fission power plants, led by the Aurora reactor that can produce up to 15 MW of electricity and run for 10 years or more without refueling. The reactor uses a new fission approach that provides inherent safety and can recycle nuclear waste as fuel, including on-site waste recycling. It differs from traditional reactors by focusing on long-life, modular deployments licensed for a range of customers, such as industrial facilities, remote communities, and even space missions. Its goal is to provide clean, reliable, and affordable energy worldwide by expanding access to safe nuclear power and recycling nuclear waste as part of its energy solution.
Company Size
201-500
Company Stage
IPO
Headquarters
Sunnyvale, California
Founded
2013
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Health Insurance
401(k) Retirement Plan
401(k) Company Match
Flexible Paid Time Off
Flexible Work Hours
Company Equity
Health Savings Account/Flexible Spending Account
Oklo, an advanced nuclear technology company, has appointed four new directors to its board and announced management changes to support its expansion across power, fuel, and isotope businesses. The company has added Dr Mark Peters, former president of MITRE; David Christian, former executive vice president of Dominion Energy; Derek Kan, vice president at Shopify and vice chairman of the US Postal Service Board of Governors; and David Park, CEO of Standard Lithium, to its board effective 10 April 2026. Michael Thompson has been appointed lead independent director. Chief technology officer Pat Schweiger will transition to a senior technical advisory role. CEO Jacob DeWitte said the changes represent the first part of an expansion enabling the company to move faster across its distinct business units.
Cathie Wood's Ark Invest has added to positions in CoreWeave, Oklo and DoorDash, which are trading 63%, 76% and 49% below their 52-week highs respectively. CoreWeave, a hyperscaler offering GPU computing infrastructure for AI models, has seen revenue more than double in recent quarters, with analysts projecting 143% top-line growth this year. The company went public at $40 last year, peaked at $187, but has since retreated significantly. Whilst CoreWeave benefits from strong AI demand, it remains years from profitability and carries a debt-heavy balance sheet. Oklo, an energy company specialising in fast fission technology and nuclear recycling, has similarly experienced significant gains followed by a steep pullback over the past year, positioning itself within the AI infrastructure sector.
Oklo, a nuclear energy startup developing small modular reactors, faces significant hurdles before its stock price could reach $100, according to an analysis. The company, which currently operates at a loss, is designing compact Aurora powerhouses for data centres and remote facilities. To justify a $100 share price, Oklo must first secure a commercial operating licence from the Nuclear Regulatory Commission. The company has made progress through the Department of Energy's new Reactor Pilot Programme, which allows technology demonstrations. Beyond licensing, Oklo needs to deploy its first Aurora reactor commercially and prove its business model generates steady cash flow. The company claims 14 gigawatts of projects in its backlog, but these have yet to translate into firm sales. Until Oklo demonstrates profitable reactor operations, analysts remain sceptical about the stock reaching the $15 billion market capitalisation implied by a $100 price.
Oklo Inc (NYSE:OKLO) approval of NSDA. Oklo Inc (NYSE:OKLO) stock rose 0.10% (As on March 18, 11:21:11 AM UTC-4, Source: Google Finance) after the company announced the U.S. Department of Energy (DOE) approved its Nuclear Safety Design Agreement (NSDA) for Atomic Alchemy's Groves Isotopes Test Reactor in Texas under the DOE's Reactor Pilot Program. Oklo broke ground on its first Aurora powerhouse in September. The company said that it continues to target the deployment of its first powerhouse in 2028. Oklo marked one of the major milestones by receiving its first materials license from the U.S. Nuclear Regulatory Commission (NRC) for its subsidiary, Atomic Alchemy. This approval allows the company to handle, process and distribute isotopes from its Idaho Radiochemistry Laboratory. The license enables the recovery and refinement of materials such as Ra-226, alongside the use of Co-60 and Am-241 for calibration purposes. This development is particularly significant given the growing demand for critical isotopes in medicine, research and industrial applications. Moreover, Oklo reported a loss of 27 cents per share for the fourth quarter, missing analyst estimates for a loss of 16 cents per share. The pre-revenue company reported operating losses of $139.3 million in 2025. Oklo noted that it expects "significant ongoing operating expenditures" will be necessary to develop powerhouses and fuel fabrication facilities, acquire fuel for powerhouses and expand its radioisotope business. Oklo ended the period with approximately $788.45 million of cash and cash equivalents and $439.53 million of marketable securities. Oklo has a loss from operations of $139.3 million, which was primarily driven by payroll, general business expenses, and professional fees associated with the capital market and asset deployment activities. During the first month of 2026, the company also raised an additional $1.182 billion net of fees, completing the $1.5 billion ATM program. Oklo said it expects total cash used in operating expenses for 2026 to be in the range of $80 million to $100 million and total cash used in investing activities to be in the range of $350 million to $450 million. For 2026, Oklo has revised its guidance for cash used in operating activities to $80 million-$100 million, up from 2025's $65 million-$80 million. Fuel development for both the first powerhouse in Idaho, as well as progressing potential fuel projects that could utilize HALEU, plutonium, or recycled transuranic fuel pathways. Isotope project for both Groves in Texas and potential projects in other locations, and other uses to support the overall corporation.
Oklo, an advanced nuclear technology company, reported a fourth-quarter loss per share of $0.27, wider than analysts' estimates of $0.17. The pre-revenue firm posted a full-year operating loss of $139.3 million, driven by development expenses, payroll and professional fees. The company held $1.4 billion in cash and marketable securities as of 31 December 2024. Oklo announced the US Department of Energy approved the Nuclear Safety Design Agreement for its Groves Isotopes Test Reactor in Texas. Recent developments include a prepayment agreement with Meta for a 1.2 gigawatt Aurora powerhouse in Ohio and binding contracts with Siemens Energy. Wedbush maintained an Outperform rating whilst lowering its price target from $150 to $110, citing Oklo as differentiated exposure to AI infrastructure and nuclear deployment.